Whitehead v. Jessup

Thomson", J.,

delivered the opinion of the court.

This was a suit in equity for a set-off of mutual judgments. The defendants had judgment, and the plaintiff brings error.

The cause was submitted to the trial court upon an agreéd statement of facts, substantially as follows: On March 20, 1888, the defendant Jessup sold to the plaintiff Whitehead all his shares of stock, and his entire interest, in The Colorado Insurance Company. In consideration of the sale Whitehead paid Jessup $375 in cash, and agreed to pay the further sum of $625 upon arrangements being made to place Whitehead in possession…